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Tobar Lachteen or St.Joseph’ Well near the Crosses of Annagh, County Clare.
Tobar Lachteen
On! let me spend one quiet hour
The Annagh’s stream beside,
Where ‘neath the ivy-mantled bridge
Its noiseless waters glide,
And let me dream when silence falls
Upon the peaceful scene,
Beneath the drooping thorns that shade
The Well of Saint Lachteen.
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It appears that the government coffers are in an excellent state with tax returns running way ahead of expectations. Some of the reasons why:
Stamp duties were 28% higher than last year and yielding €423m more than forecast, while the VAT take increased by 14% and was €427m ahead of target. However, there was bad news on the corporation tax front, which showed a continued slump in tax paid by businesses.
So where is all this Stamp Duty and VAT coming from? It wouldn’t have anything to do with this by any chance:
SOARING personal debt has put the Irish economy at greater risk of shocks than ever before, according to a major new report by Goodbody Stockbrokers. It said the surge in household debt levels over the past decade would leave the economy more exposed to a boom-bust cycle if interest rates or unemployment rose. Average household debt would reach 160% of disposable income within two years, up from 50% in 1995 and 120% at the end of last year.
Mark Waters marked time at 5:20 pm on November 3rd, 2005 | 2 comments .
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